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BOX Breakout

Box Breakout is an Expert Advisor for level trading. When a flat range is broken, the EA places pending limit buy and sell orders.


Recommendations

  • Currency pair: Any
  • Timeframe: M30,H1
  • Recommended leverage: 1:10 and higher
  • Minimum deposit: $500 for dollar accounts and $50 (5000 Cent) for cent accounts
  • Before using on a real account, check it in the strategy tester and optimize the parameters for your broker
  • Set the desired risk per trade


Settings and Inputs

  • Risk - risk per trade (as a percentage of the deposit).
  • Magic number of the expert - magic number of the EA.
  • StopLoss (pips) - stop loss in points from the box (flat).
  • TakeProfit (in boxes) - take profit (multiple of the box). Example is shown on the screenshot.
  • Breakeven (pips) - move a position to breakeven.
  • Box (maximum in pips) - width of the box (flat).
  • Bars for analysis - the number of bars to analyze.

Trading time for each day:

  • to start - time to start trading.
  • finish - time to stop trading.
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This  Expert adviser developed on Prop Trader VP( Patrick Victor) From No Nonsense Fx.  It is an automated trading system that uses 100% technical indicators with very complex settings and some hidden Mathematical calculations to open and close trades. Trade different times for each day. It doesn't use the grid, martingale, or other dangerous money management methods. It has a lot of Entry and Exit Methods, and Every Trade is Stop loss protected. Download Preset file  Features: Every trade is
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5 (1)
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Mansour Babasafary
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Version 2.1 2018.03.02
- fixed the dead zone for placing limit orders on four digits